Financial Summary (All financials)
In millions, except per share items | Dec-31-21 | Dec-31-20 | Dec-31-19 | Dec-31-18 | Dec-31-17 | Dec-31-16 | Dec-31-15 | Dec-31-14 |
Revenues | 36.5 | 42.0 | 6.3 | 0.0 | 23.8 | 37.0 | 70.7 | 65.7 |
Revenue growth | -13.2% | 567.3% | | -100.0% | -35.6% | -47.7% | 7.7% | |
Cost of goods sold | 12.3 | 9.2 | 1.1 | -0.1 | 22.7 | 30.2 | 1.6 | 20.9 |
Gross profit | 24.2 | 32.8 | 5.2 | 0.1 | 1.1 | 6.8 | 69.1 | 44.8 |
Gross margin | 66.3% | 78.1% | 82.2% | | 4.5% | 18.3% | 97.7% | 68.2% |
Selling, general and administrative | | | | | | | | |
General and administrative | 5.8 | 8.0 | 8.2 | 8.0 | 8.4 | 7.2 | 6.2 | 6.3 |
EBITA | -8.5 | 4.3 | -6.4 | -8.0 | -17.2 | -16.5 | 13.0 | 22.2 |
EBITA margin | -23.2% | 10.2% | -100.8% | | -72.2% | -44.6% | 18.4% | 33.7% |
Amortization of intangibles | | | | | | 3.8 | 8.6 | 11.6 |
EBIT | -8.5 | 4.3 | -6.4 | -8.0 | -17.2 | -20.3 | 4.4 | 10.5 |
EBIT margin | -23.2% | 10.2% | -100.8% | | -72.2% | -54.8% | 6.3% | 16.1% |
Pre-tax income | -10.1 | 2.3 | -6.7 | -7.9 | 3.8 | -149.0 | -17.5 | 3.2 |
Income taxes | -0.4 | -1.5 | 25.3 | 45.0 | 0.0 | 0.0 | 0.0 | 0.0 |
Tax rate | 4.0% | | | | 0.0% | 0.0% | 0.0% | 0.0% |
Earnings from continuing ops | -9.7 | 5.2 | -32.1 | 37.0 | 3.8 | -149.0 | -17.5 | 3.2 |
Earnings from discontinued ops | | | | -45.0 | | | | |
Net income | -9.7 | 5.2 | -32.1 | -7.9 | 3.8 | -149.0 | -17.5 | 3.2 |
Net margin | -26.6% | 12.3% | -508.8% | | 16.0% | -402.8% | -24.8% | 4.9% |
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Diluted EPS | ($1.93) | $1.05 | ($11.19) | $39.16 | $8.94 | ($100,821.38) | ($11,917.74) | $0.50 |
Shares outstanding (diluted) | 5.0 | 4.9 | 2.9 | 0.9 | 0.4 | 0.0 | 0.0 | 6.5 |
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EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |
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